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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 529 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

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  1. 1.Arjun’s stall made a profit of ₹700. Arjun saves 10% of it. How many rupees are saved?
  2. 2.Farhan’s stall made a profit of ₹1700. Farhan saves 20% of it. How many rupees are saved?
  3. 3.🐷 Saving, reinvesting or spending: sweets for yourself? (a) spending (b) saving (c) reinvesting
  4. 4.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) reinvesting (c) saving
  5. 5.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  6. 6.Tara’s stall made a profit of ₹400. Tara saves 50% of it. How many rupees are saved?
  7. 7.A small family shop borrows ₹800 from a bank at 7% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  8. 8.🐷 Why save part of the profit? (a) saving is a loss (b) to waste it later (c) no reason (d) for bad days and goals
  9. 9.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) reinvesting (c) spending
  10. 10.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  11. 11.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) borrow online alone (c) ask strangers (d) talk to parents
  12. 12.A small family shop borrows ₹600 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  13. 13.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  14. 14.Vihaan’s stall made a profit of ₹2000. Vihaan saves 20% of it. How many rupees are saved?
  15. 15.Gurpreet’s stall made a profit of ₹200. Gurpreet saves 50% of it. How many rupees are saved?
  16. 16.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  17. 17.Diya’s stall made a profit of ₹300. Diya saves 25% of it. How many rupees are saved?
  18. 18.A small family shop borrows ₹700 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  19. 19.Tara’s stall made a profit of ₹500. Tara saves 25% of it. How many rupees are saved?
  20. 20.🐷 Saving, reinvesting or spending: a new video game? (a) reinvesting (b) spending (c) saving
  21. 21.A small family shop borrows ₹100 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  22. 22.Kavya’s stall made a profit of ₹1600. Kavya saves 20% of it. How many rupees are saved?
  23. 23.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  24. 24.Which of these is reinvesting in the business? (a) sweets for yourself (b) buying a second juicer (c) a cinema ticket (d) a piggy bank for later
  25. 25.Zoya’s stall made a profit of ₹900. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  26. 26.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  27. 27.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  28. 28.🐷 Saving, reinvesting or spending: an emergency fund? (a) reinvesting (b) spending (c) saving
  29. 29.Which of these is reinvesting in the business? (a) a new video game (b) a cinema ticket (c) better paint for cards (d) a piggy bank for later
  30. 30.Saanvi’s stall made a profit of ₹1000. Saanvi saves 25% of it. How many rupees are saved?
  31. 31.Which of these is saving? (a) more seeds for next time (b) sweets for yourself (c) a piggy bank for later (d) buying a second juicer
  32. 32.Kavya’s stall made a profit of ₹1400. Kavya saves 50% of it. How many rupees are saved?
  33. 33.Which of these is saving? (a) profit put in a bank (b) more seeds for next time (c) a cinema ticket (d) sweets for yourself
  34. 34.Aarav’s stall made a profit of ₹800. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  35. 35.Which of these is spending on yourself? (a) buying a second juicer (b) a piggy bank for later (c) better paint for cards (d) a new video game
  36. 36.A small family shop borrows ₹1000 from a bank at 9% simple interest per year. How much interest is due after 2 years (in ₹)?
  37. 37.A small family shop borrows ₹600 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  39. 39.Zoya’s stall made a profit of ₹1100. Zoya saves 50% of it. How many rupees are saved?
  40. 40.A small family shop borrows ₹900 from a bank at 8% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 70
  2. 340
  3. spending
  4. saving
  5. the cost of borrowing
  6. 200
  7. 912
  8. for bad days and goals
  9. reinvesting
  10. to keep trust
  11. talk to parents
  12. 672
  13. 618
  14. 400
  15. 100
  16. 63
  17. 75
  18. 756
  19. 125
  20. spending
  21. 115
  22. 320
  23. 54
  24. buying a second juicer
  25. 180
  26. 696
  27. 816
  28. saving
  29. better paint for cards
  30. 250
  31. a piggy bank for later
  32. 700
  33. profit put in a bank
  34. 320
  35. a new video game
  36. 180
  37. 144
  38. reinvesting
  39. 550
  40. 1044

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